European Economic News Preview: Eurozone Economic Sentiment Due

RTTNews | vor 9Std 28 Minuten
European Economic News Preview: Eurozone Economic Sentiment Due

(RTTNews) - Economic sentiment and monetary aggregates from the euro area and consumer sentiment from Germany are the top economic news due on Tuesday.

At 2.00 am ET, the market research group GfK publishes German consumer sentiment survey results. The confidence index is forecast to fall to -25.6 in May from -24.5 in April.

At 3.00 am ET, Spain's INE releases GDP and flash inflation figures. The economy is forecast to grow 0.7 percent sequentially in the first quarter after rising 0.8 percent in the preceding period. Consumer price inflation is forecast to ease to 2.0 percent in April from 2.3 percent in March.

At 4.00 am ET, the European Central Bank is set to release the euro area monetary aggregates. M3 is expected to grow at a steady pace of 4.0 percent in March.

In the meantime, Italy's statistical office ISTAT is scheduled to issue business and consumer sentiment survey data.

At 5.00 am ET, economic sentiment survey data is due from Eurozone. The economic sentiment index is seen falling to 94.5 in April from 95.2 in March.

read more
U.S. Consumer Confidence Slumps More Than Expected In April

U.S. Consumer Confidence Slumps More Than Expected In April

Largely reflecting a significant deterioration by consumer expectations, the Conference Board released a report on Tuesday showing its U.S. consumer confidence index slumped by more than expected in the month of April. The Conference Board said its consumer confidence index plunged to 86.0 in April from an upwardly revised 93.9 in March.
RTTNews | vor 1Std 0 Minuten
Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Higher Canadian futures point to a slightly positive start on Bay Street Tuesday morning. The victory of Mark Carney in the Canadian general election and easing concerns about U.S. tariffs may also support the market. However, weak crude oil and gold prices may weigh on sentiment and limit market's upside.
RTTNews | vor 2Std 48 Minuten
Eurozone Economic Sentiment At 4-Month Low

Eurozone Economic Sentiment At 4-Month Low

Euro area economic confidence weakened more than expected to a four-month low in April largely due to the trade tariff threats, survey data from the European Commission showed on Tuesday. The economic sentiment index declined to 93.6 in April from 95.0 in the previous month. The score was forecast to fall to 94.5.
RTTNews | vor 3Std 29 Minuten
FTSE 100 Modestly Higher, Extends Gains To 12th Straight Session

FTSE 100 Modestly Higher, Extends Gains To 12th Straight Session

The UK market is up in positive territory in early afternoon trades on Tuesday, extending gains to a 12th straight session. Easing concerns about U.S. tariffs contribute to the positive sentiment in the market. Investors are also digesting a slew of quarterly earnings announcements.
RTTNews | vor 3Std 29 Minuten
CAC 40 Pares Early Gains; Schneider Electric Tumbles Over 7%

CAC 40 Pares Early Gains; Schneider Electric Tumbles Over 7%

French stocks are mostly subdued on Tuesday with investors making cautious moves while awaiting some key corporate earnings updates this week. The market climbed higher earlier in the session as reports emerged that the U.S. would move to reduce the impact of duties imposed on foreign parts in domestically manufactured cars.
RTTNews | vor 3Std 59 Minuten
DAX Rises Again As Strong Results, Easing Tariff Concerns Lift Sentiment

DAX Rises Again As Strong Results, Easing Tariff Concerns Lift Sentiment

German stocks are up firmly in positive territory on Tuesday with investors reacting to a slew of corporate earnings announcements. Easing concerns about U.S. tariffs, and data showing an improvement in German consumer sentiment contribute as well to the positive sentiment in the market.
RTTNews | vor 4Std 52 Minuten